54C-127. Insider loans.
The Commissioner of Banks may adopt rules no less stringent than the requirements of the appropriate federal regulatory authority to govern the making of loans to officers and directors, and their associates, and companies or other business entities controlled by them. (1991, c. 680, s. 1; 2001-193, s. 16.)
Structure North Carolina General Statutes
North Carolina General Statutes
Article 7 - Loans and Investments.
§ 54C-122 - Lending procedures.
§ 54C-123 - Prohibited security.
§ 54C-124 - Loans conditioned on certain transactions prohibited.
§ 54C-125 - Loan expenses and fees.
§ 54C-126 - Methods of loan repayment.
§ 54C-128 - Rulemaking power of Commissioner of Banks.
§ 54C-129 - Nonconforming loans and investments.
§ 54C-130 - Limitation on loans to one borrower.
§ 54C-131 - Investment in banking premises.
§ 54C-132 - United States obligations.
§ 54C-133 - North Carolina obligations.
§ 54C-134 - Federal Home Loan Bank obligations.
§ 54C-135 - Deposits in depository institutions.
§ 54C-136 - Federal government-sponsored enterprise obligations.
§ 54C-137 - Municipal and county obligations.
§ 54C-138 - Stock in education agency.
§ 54C-139 - Industrial development corporation stock.
§ 54C-140 - Urban renewal investment corporation stock.
§ 54C-141 - Limitations on investment in stocks and securities.
§ 54C-142 - Suspension of investment and loan limitation.
§ 54C-143 - Commercial lending.
§ 54C-144 - Service corporations.